Columbus-based Nationwide Realty Investors will host an event today to celebrate the first phase of its $750 million Rivulon Development. Nationwide Realty Investors president Brian J. Ellis, Isagenix president Jim Coover, Gilbert Mayor John Lewis and other local and state leaders will be in attendance. “We are thrilled to be underway with the first phase…

Failed Condo project is re-assembled to one buyer from 57 separate ownership groups. ABI Multifamily, a dedicated multifamily brokerage and advisory services firm, is pleased to announce the sale of Southern Ridge, an apartment community platted as individual condos, located in Mesa, Arizona. The 113 Unit garden-style community was originally built in 1985. Southern Ridge…

LGE Design Build has broken ground and is currently in the process of constructing Crown Castle’s 70,000-square-foot, two-story Class A office build to suit in Chandler. Crown Castle, the nation’s largest provider of wireless infrastructure, expects to move into the new facility next summer, located at southeast corner of Germann Road and Stearman Drive. Crown…

By Megann Jakubek On a sun-splashed fall morning, more than 200 volunteers traded their business attire for work clothes and work gloves to help transform the Perry Rehabilitation Center at the Arizona Foundation for the Handicapped (AFH). The occasion was Saturday’s 27th annual Valley Partnership Community Project. Each year Valley Partnership undertakes a community project…

Construction is underway on a new state of the art medical office building, located at 77 South Dobson Road in Chandler, Arizona. Construction began on the 17,500 square foot, one-story building in June 2014 and is set to complete by the end of December. Once finished the new building’s owner, Premier Cardiovascular, will occupy 8,800…

NAIOP Arizona named Tom Johnston of Voit Real Estate Services as its Chairman for 2015. The industry group also named new officers, three new board members and re-nominated an existing board member. Johnston, Managing Director at Voit, will be joined by new officers Bob Hubbard, Vice Chairman, LBA Realty; Larry Pobuda, Programs Chair, The Opus…

A 5.87-acre land parcel at 460 W. McKellips Rd. in Mesa sold for $1,400,000 to an Oregon buyer with plans to build an industrial packing facility. Price per SF was recorded at $5.47. The utility improved, M-1 and M-2-zoned industrial parcel sits adjacent to the Loop 202 Freeway right at the full-diamond interchange at Country…

A 38,225 SF, freestanding retail building at Emerald Design Center, 1725 West Ruby Dr., Building C in Tempe, has sold in an all-cash deal for $2,600,000 or $68.02 per SF. Lee & Associates principals Rick Robertson, Dave Johnson and Jerry Marrell negotiated the transaction for both the seller, Granco Enterprises of Tustin, CA and the…

James DuMars, senior vice president/managing director of NorthMarq Capital’s Phoenix based regional office has assisted the Perry family with financing placements on two premier Scottsdale office buildings totaling a combined $29 million. Scottsdale Professional Building contains 76,647 sq.ft. and was constructed in 2004. Scottsdale Executive office Building contains 181,081 sq.ft. and was constructed in 1997.…

Paul Borgesen III joins the quickly growing office team at Sperry Van Ness, LLC in Phoenix. Paul will focus exclusively on building the office investment sales portfolio and will be working directly with Landlords in the Phoenix market. Borgesen brings a wealth of customer service knowledge to the team, having vast experience working as a…

Alliance is excited to announce its 264-unit, Scottsdale-area development, Broadstone Lincoln located at 7100 E. Lincoln Dr., was recently awarded LEED-H Platinum Certification. This marks Alliance’s second development nationwide to achieve this level of certification. “Alliance is very proud to achieve LEED-H Platinum certification with Broadstone Lincoln — we took great care in developing this…

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced that Kootenay Holdings, a private investor, has acquired Palm Valley Office Park I & II, a 83,575 square foot office project located at 1616 North Litchfield Road and 1646 North Litchfield Road in Goodyear, AZ, for $15.35 million ($183.67 per square foot).…